Back to today’s briefing

Story perspectives

FTSE 100 Dips Amid Trade Tensions and EU Gains

7/5/2025

38 4

Summary

Story summary

The FTSE 100 closed at 8,794.86, down 0.3%, outperforming European stocks amid tariff concerns.
UK economic indicators improved slightly, with a decline in construction activity easing and car sales increasing.
China escalated trade tensions by imposing tariffs on EU brandy.
US markets were closed for Independence Day, while Trump announced new tariff rates.
AstraZeneca gained EU approval for Imfinzi, a treatment for bladder cancer.

1 of 1

Story summary

The FTSE 100 closed at 8,794.86, down 0.3%, outperforming European stocks amid tariff concerns.
UK economic indicators improved slightly, with a decline in construction activity easing and car sales increasing.
China escalated trade tensions by imposing tariffs on EU brandy.
US markets were closed for Independence Day, while Trump announced new tariff rates.
AstraZeneca gained EU approval for Imfinzi, a treatment for bladder cancer.